Shore Capital Group Reaffirms “House Stock” Rating for Safestay (LON:SSTY)

Safestay (LON:SSTYGet Free Report)‘s stock had its “house stock” rating restated by research analysts at Shore Capital Group in a research note issued to investors on Monday,London Stock Exchange reports.

Safestay Stock Down 1.9%

Shares of LON:SSTY opened at GBX 12.75 on Monday. Safestay has a 52 week low of GBX 10.30 and a 52 week high of GBX 26. The company has a debt-to-equity ratio of 159.81, a quick ratio of 1.27 and a current ratio of 0.27. The company has a market capitalization of £8.28 million, a PE ratio of -15.94 and a beta of 1.34. The company has a 50 day moving average price of GBX 13.85 and a two-hundred day moving average price of GBX 15.74.

Safestay Company Profile

(Get Free Report)

Safestay PLC is one of Europe’s largest hostel groups, operating in the fragmented and fast-growing global hostel market that is expected to be worth $8.9bn annually by 2027*.

Safestay’s portfolio of 20 premium hostels and one hotel offer guests both private and shared rooms in destination cities across the UK, Spain, Belgium, Czech Republic, Germany, Greece, Italy, Poland, Portugal, and Slovakia.

In 2024, the Group delivered a 10% increase in Total Bed Nights to 931,688, 37% of which were booked through direct and non-commissionable channels.

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